Revenue
A BlackRock executive says the firm's U.S. spot bitcoin ETF, IBIT, is now its biggest source of revenue after amassing $70 billion since its January 2024 launch and generating hundreds of millions in fees. This underscores strong institutional demand for BTC exposure.
SharpLink reported a 1,100% rise in Q3 revenue, driven by stronger crypto treasury performance and a ramp-up of its Ethereum-focused treasury strategy. The results underscore growing institutional appetite for ETH exposure amid a shifting regulatory backdrop.
BitFuFu reported Q3 revenue doubled as the average Bitcoin price climbed from $61,000 to $114,500, driving miners to buy more rigs and turn to cloud mining. The surge in demand bolstered the company’s sales and cloud service usage.
Circle said Q3 combined revenue and reserve income reached $740 million, beating analyst forecasts and rising 66% year‑on‑year. The result highlights stronger reserve yields and sustained demand for USDC.
TeraWulf reported an 87% year-over-year jump in Q3 revenue to $50.6 million, driven by Bitcoin price appreciation and a strategic move into AI-powered services. The results highlight growing institutional demand for crypto infrastructure and tech-driven diversification among miners.
TeraWulf reported Q3 revenue of $50.6 million, up 87% year-over-year, as a near-doubling in Bitcoin's average price to $114,390 more than compensated for reduced mining volume. The results highlight how price swings in the crypto market can reshape miner economics.
Robinhood posted best-ever Q3 results with $1.27 billion in revenue — double year‑over‑year — and net income up 271%, driven largely by a 300% jump in crypto trading activity and new business lines.
Robinhood reported a significant increase in its third-quarter crypto revenue, doubling its income and surpassing earnings expectations. Despite this strong performance, the company's shares dropped by 8% following the announcement. This news highlights the unpredictable nature of stock market reactions to crypto sector growth.
Coinbase reported impressive Q3 2025 results with $1.9 billion revenue, strong transaction volumes, and profitable innovation like its Layer 2 network Base, highlighting its expanding dominance in crypto trading and services.